(Bloomberg) -- The US stock rally is already on shaky ground due to tariffs and an uncertain outlook about artificial intelligence. Add a hot inflation print to the mix, and the market will sell off.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperThat’s according to the trading desk at JPMorgan Chase & Co. Market Intelligen
Trump's crypto company launches strategic 'token reserve'
World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance." WLF said in a statement posted on X on Tuesday that its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve. It also said it would seek strategic partnerships with financial institutions to contribute tokenized assets to the WLF reserve.
Trump Tariff Spat Has Stock Dip Buyers Obsessed With Wednesdays
(Bloomberg) -- Investors can rely on one crucial day of the week to deliver strong dip-buying opportunities for the S&P 500 Index thus far in 2025: Wednesdays.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterWhy American Mobility Ground to a HaltThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperTraders lately have been selling first and asking questions later to lock in gains ahead of the weekend as stocks zig-
Wall St falls as hot inflation data dents rate cut hopes
Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates anytime soon. U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. "It's now calling into question not only whether or not the Fed will cut in the second half of this year ... but now it puts on the table potentially the next move even being one to the upside for rates," said Alex Coffey, senior trading strategist at Charles Schwab.
CFTC vet, crypto lobbyist tapped to lead agency
Brian Quintenz was previously appointed to the Commodity Futures Trading Commission by two presidents. In the private sector, he’s spent two years as head of crypto policy for investor a16z.
1 Top Cryptocurrency to Buy Before It Soars 185%, According to Investment Firm VanEck
If you're thinking about investing in Ethereum (CRYPTO: ETH), you're probably a bit confused right now. Despite all the pro-crypto sentiment surrounding the Trump administration, Ethereum is down 27% year to date (as of Feb. 11). Wall Street investment firm VanEck, for example, still thinks that Ethereum could soar in price to $7,334 by the year 2030.
Spotting Winners: eHealth (NASDAQ:EHTH) And Online Marketplace Stocks In Q3
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the online marketplace industry, including eHealth (NASDAQ:EHTH) and its peers.
Online Marketplace Stocks Q3 Highlights: ACV Auctions (NASDAQ:ACVA)
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the online marketplace stocks, including ACV Auctions (NASDAQ:ACVA) and its peers.
Bitcoin miner HIVE Digital reports $29.2M in Q3 revenue, BTC holdings surge 263% YoY
HIVE Digital Technologies posted $29.2 million in revenue for Q3 FY2025, with Bitcoin holdings surging 263% year-over-year to 2,805 BTC.
Bitcoin's Coinbase Premium Indicator Shows Overseas BTC Buyers Taking the Lead Ahead of CPI Release
BTC buyers over Binance seem to be leading the BTC price action ahead of the CPI release.